Brics and Mitsk Project
This project introduces the Brics and Mitsk countries and integrates the concepts presented in weeks 1-4. It also provides a common foundation for future discussions.
Prepare a PowerPoint Presentation based upon a Brics and Mitsk Country: Brazil, Russia, India, China South Africa, Mexico, Indonesia, Turkey and South Korea. These countries have been identified as important emerging countries that are significant economic powers individually, as well as becoming the basis of an important new economic group. It is important to develop an understanding of these countries - for the purposes of understanding global business strategy, and the opportunities and threats they pose.
Your country choice should be approved by your professor in Week 1.
• Please develop a set of slides that would help an organization contemplating doing business in the country you have been assigned.
• Please focus you analysis on Porter’s Diamond of National Advantage. *** Below****
• Please provide images and key facts that capture the economic conditions and culture.
• Please develop a presentation with approximately 15 slides.
Related and Supporting Industries
Related and supporting industries are those where firms coordinate or share activities in the value chain or value system, when an industry is vertically, forwardly or backwardly integrated. Porter asserted that the presence of supporting and related domestic industries that are internationally competitive can provide benefits such as innovation, upgrades, information flow, and shared technology development which create advantages in downstream or upstream industries. Therefore, success of an industry is particularly likely if the nation has a competitive advantage in a number of related or supporting industries. The automotive industry is closely tied to the auto components industry through alliances and other financial arrangements. This is particularly true in